Fear, Unemployment and Migration
研究东欧十国加入欧盟后工人流入对英国经济的影响，发现这些工人加剧了本地工人的失业恐惧并抑制了工资上涨，从而降低了通胀和自然失业率。
We examine the impact on the UK economy of the flow of workers from ten East European countries after their accession to the European Union. We find evidence that those most susceptible to competition from these workers have seen weaker wage inflation. We document that the presence of these foreign workers has increased the fear of unemployment and helped to contain wage pressure. We argue that this inflow of workers has increased supply by more than it has raised demand and, thus, had the effect of reducing both inflationary pressures and the natural rate of unemployment. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009.